David

David is a married man aged 45 with 7 children, of which 6 are attending different schools. He also lives with 4 of his relatives whom he takes care of. He lives with his family in a rural setting and he is a produce trader where he sells coffee, beans, maize and groundnuts and is also a salary earner. He started his business in 2008.

He works 6 days in a week and 12 hours per day and started his business to improve on his family's income and livelihood because he believes if he has money then he will adequately provide for his family and dependents. He acquired this loan to purchase more coffee and maize for the business and his clients are schools that stock for student meals and coffee dealers from the nearby villages.

His hope for the future is to enlarge his business so as to increase on his income. His challenges are drought (i.e too much sunshine) and heavy rains at times. He describes himself as an honest, hardworking man who encourages lenders to continue helping business people so as to develop communities.

Additional Information

More information about this loan

This loan is part of UGAFODE's program for clients who live in isolated rural areas with limited access to financial services. Uniquely, UGAFODE focuses its efforts on agricultural areas in Uganda that are over 50 km from their branches, providing loans to both groups and individual borrowers. The organization believes that the risk of offering services to remote clients is outweighed by the benefits to customers and their often underserved communities.